The Florida Department of Economic Opportunity Announces Florida’s February 2020 Employment Data
Business
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TUESDAY MAR 31, 2020 |
The Florida Department of Economic Opportunity announced Florida’s unemployment rate was at 2.8 percent in February 2020. Additionally, the labor force increased with 195,000 Floridians entering the workforce over the year. Florida businesses created 157,00 private-sector jobs over the year and the state’s annual private-sector job growth rate of 2.0 percent continued to outpace the national job growth rate of 1.7 percent. Private-sector industries gaining the most jobs over the year were education and health services with 35,600 new jobs; leisure and hospitality with 28,400 new jobs; trade, transportation and utilities with 27,000 new jobs; professional and business services with 26,200 new jobs, and construction with 25,000 new jobs.
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